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jbsliverer

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Wednesday, 12/08/2021 9:10:46 AM

Wednesday, December 08, 2021 9:10:46 AM

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5:29 PM EST, 12/07/2021 (MT Newswires) -- Planet Labs said late Tuesday it closed a merger deal with blank-check company dMY Technology Group Inc. IV (DMYQ) that would take the satellite imagery and Earth data provider public.
The merged entity is called Planet Labs PBC and its shares and warrants will begin trading under the PL ticker on the New York Stock Exchange starting Wednesday.
The transaction generated more than $590 million in gross proceeds, including a private investment in public equity from Alphabet unit Google (GOOG, GOOGL) and other investors.
Price: 11.03, Change: +0.22, Percent Change: +2.04
http://www.mtnewswires.com Copyright © 2021 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

“The markets can remain irrational longer than you can remain solvent.”
John Maynard Keynes

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